£428,525
This estimated value is based upon the latest sale price for the house of £272,500 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 The Broadway, Cheam, SM3 8BD
Phone: 02081281019
| Price Paid | Date |
|---|---|
| £272,500 | 28 Sep 2007 |
| £220,000 | 30 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £272,500 results in an estimated price of approximately £428,525.
| 28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £272,500 | £156,025 | £428,525 |
The Postcode Pricing Model uses changes in average sales price within the SM3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 18.547 % | £50,539 | £323,039 |
| 3 Month Average | 80.382 % | £219,041 | £491,541 |
| 6 Month Average | 68.928 % | £187,828 | £460,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £632,362 | £618,000 | 153 MALDEN ROAD |
| 10 Aug 2023 | £560,611 | £550,500 | 172 MALDEN ROAD |
| 30 Jun 2023 | £459,202 | £450,000 | 193 MALDEN ROAD |
| 9 Jun 2023 | £704,110 | £690,000 | 61 STOUGHTON AVENUE |
| 13 Apr 2023 | £545,197 | £535,000 | 27 STOUGHTON AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Apr 2015. Using an estimated price of £428,525 means this house is valued at £5,565 per sq meter (£517 per sq foot).
The average size of a house on MALDEN ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Malden Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malden Road |